Multiple insider selling at Precision Drilling (PD)

Multiple insider selling at Precision Drilling (T:PD)

Gene Stahl, a Senior Officer, disposed of 12,699 Common Shares on a direct ownership basis at a price of US$62.160 on February 12th, 2024. This represents a $1,061,702 divestment of the company's shares and an account share holdings change of -18.5%.

On the same day, Shuja Goraya, a Senior Officer, disposed of 8,668 Common Shares on a direct ownership basis at the same price of US$62.160. This represents a $724,690 divestment of the company's shares and an account share holdings change of -19.5%.

Darren Ruhr, a Senior Officer, disposed of 8,632 Common Shares on a direct ownership basis. This represents a $721,680 divestment of the company's shares and an account share holdings change of -13.3%.

Veronica H. Foley, a Senior Officer, disposed of 7,878 Common Shares on a direct ownership basis. This represents a $658,642 divestment of the company's shares and an account share holdings change of -16.9%.

Carey Thomas Ford, CFO and Subsidiary Executive, disposed of 3,756 Common Shares on a direct ownership basis. This represents a $314,021 divestment of the company's shares and an account share holdings change of -5.2%.

Precision Drilling is in the Oil & Gas Drilling Sub Industry Group under the Energy Sector.

Precision Drilling Corporation is a Canada-based provider of well service, contract drilling and completion and production services primarily to oil and natural gas and geothermal exploration and production companies in Canada, the United States and certain international locations. It operates through two segments: Contract Drilling Services, and Completion and Production Services. Its Contract Drilling Services segment includes drilling rigs, procurement and distribution of oilfield supplies, and manufacture, sale and repair of drilling equipment. The Completion and Production Services segment includes service rigs, oilfield equipment rental and camp and catering services. It provides services primarily in Canada, the United States and certain international locations. Its technologies include AlphaAutomation, AlphaApps, AlphaAnalytics and EverGreen. It has over 72 active service rigs in Canada, 73 active drilling rigs in Canada and 51 active drilling rigs in the United States.